It'll give you that 100.

And the employer was already going bankrupt. And we dared to take the company.

Now what's our mantra of this day and age I wonder?

You say, what's the probability of being caught?

I wonder if it's worth it.

Contrary to widely held assumptions, an emphasis on action provides a special urgency to thinking.

I thought that the chances of my living more than three years would not be more than five percent.

But, actually, it's suddenly come to me after years working in the business, that what we create in advertising, which is intangible value you might call it perceived value, you might call it badge value, subjective value, intangible value of some kind gets rather a bad rap.

His honesty is worthy of great praise.

But the present value, what does that mean?

Fair.

Fair enough.

Not so in Italy.

In the last video, we figured out what is the present value of these three different payment timing choices.

The reason why it is not efficient is that value slowly propagates from the end towards the beginning.

How is she gonna be valuable?

Let me tell you about a truly magical algorithm called value iteration.

The differed risk!

Consumption tax is the just tax system for globalization.

A book worth reading is worth reading twice.

We just made it explicit.

I want the straight story, and until you tell me, you're worthless to me. I don't give a shit about you. Wait.

I want the straight story,and until you tell me,you're worthless to me. I don't give a shit about you.

And my brother and I were raised with all that you really need

Worth zilch.

It's worth twice as much.

It is.

Don't sit and stare

And the fourth is people underestimate risks in situations they do control and overestimate them in situations they don't control.

And this value, this is called a well in general, whenever you're valuing anything, it's called a valuation.

What's also interesting, if you look at products that have a high component of what you might call messaging value, a high component of intangible value, versus their intrinsic value

Normal sinus.

If a thing is worth doing it is worth doing badly.

Next thing I learned from Steve Jobs is

According to the research, regular family meals lower all those risks.

Aren't they worth a little risk?

They are often quite egalitarian.

And I'll do a bunch of videos on margins in the future.

So in the last lecture, you remember the business model canvas, all the 9 components of a startup.

So this is real estate, or building.

This is 5 million.

But, are we comfortable with that?

The next element is the fact that

What values do you use to judge?

It's really not worth it.